(A) Establishment. Each candidate for election to office, upon or before, and as a condition precedent to becoming a qualified candidate, shall establish one or more campaign finance entities on forms prescribed by the Board, which forms will be substantially similar to those used by the Maryland State Board of Elections. No campaign finance entity may receive or disburse any money or other thing of value until it has been established in accordance with the requirements of this section.
(B) Candidate committees.
(1) Appointment of treasurer. Every candidate committee shall have a treasurer.
(2) Resignation of treasurer. A treasurer who resigns shall do so with a letter signed by the resigning individual and file it with the Board. The candidate committee immediately shall appoint a new treasurer, as the case may be, in accordance with this section. The resignation shall not be effective until a successor is registered with the Board. A treasurer, when resigning, shall certify that he has served until all duties have been performed and a successor was duly chosen. If a treasurer should die or become incapacitated, a new treasurer must be appointed. The Board shall be immediately informed in writing of the name and address of the new treasurer.
(3) Qualifications. A treasurer of a campaign finance entity shall be a registered voter.
(4) Joint and several liability. The candidate and treasurer of a candidate committee are jointly and severally responsible for filing all campaign finance reports required under this chapter.
(5) Closure. A campaign finance entity may continue in existence in perpetuity. It may be closed, at the option of the candidate.
(Ord. 01-2014, passed 4-7-2014)